Trade Ideas

I missed out on all the action this week, but it’s okay! You know what they say, having no positions IS still a position. I do have an idea what pair I’ll be trading next week though. Let me tell you why.

So much for trying to play a breakout! With the SNB deciding to keep the EUR/CHF peg at 1.2000, we didn’t see a spike in EUR/CHF, and I decided to just take off my orders.

I sound a little like Buzz Lightyear fro Toy Story but I don’t want anyone thinking that the trades I outline in today’s video are only for the RBNZ event…

Good morning forex friends! It looks like I got pretty lucky with my directional bias, but not so lucky on how deep the pullback would be. Take the jump to checkout how USD/CHF acted ahead of the FOMC meeting.

Before you trade the potential market movers coming up in a few hours, let’s take a peek at the major themes that have been moving price action so far this week.

It may have taken a while, but my patience finally paid off! Thanks to rumors of a new peg, EUR/CHF shot up late last week, allowing my trade to finally hit my profit target.

I can’t recall the last time I said this but last week was awesome! Not only did my HLHB Trend-Catcher system end the week in the green, I also raked in a 1.53% gain on my discretionary account!

We saw a lot of crazy action to end the week last Friday, so this week, we’ve got plenty of sweet potential plays on our favorite crosses – EUR/JPY, GBP/JPY, and EUR/GBP! Have a look!

Good afternoon! It looks like the market got an appetite for risk pretty quickly with today’s events; not good for the Japanese Yen. Check out how the ECB press conference and surprise ADP data affected USD/JPY today.

With the NFP report just around the corner, I’m taking a leaf from Dr. Pipslow’s book and sit this week out. But don’t let me stop you! Here are three ways that AUD/USD can react to the NFP report.

Case closed! I exited this trade with 74 pips in my pocket. Booyeah!

You can bet I’m doing my happy dance right now! For the first time in weeks, I was able to get in a trade and come out with a profit. Woot woot!

Check out what’s moving AUD/USD, USD/CAD, and NZD/USD this week. It’s all in my midweek market analysis!

You could say it was a “so-so” week for the HLHB Trend-Catcher. It came out with a gain at the end of the week, but its win wasn’t spectacular.

My, how time flies! It’s already September, folks! Make sure you start off the last third of the year on a solid note by checking out all these hot levels to keep an eye on this week on EUR/JPY, GBP/JPY, and EUR/GBP!

Not again! I chalked up another loss as I got stopped out on this short USD/CAD day trade of mine. How could I have done better?

EUR/JPY has got me on short alert because it’s crawling closer and closer to the 99.00 handle. Learn more about my trade idea after the jump!

EUR/USD is nearing the 100 SMA on the daily chart as the annual Jackson Hole Symposium draws nearer. Coincidence? I think not! Read my opinion on the much-anticipated meeting and its potential effect on the forex market after the jump!

Before I take any comdoll trades this week, I’d like to know what you think of these potential plays I spotted on AUD/USD, USD/CAD, and NZD/USD!

Slowly but surely, is the way of the HLHB! The HLHB Trend-Catcher has extended its winning streak. Although its gains haven’t been as impressive as those that it scored in Q2 2012, it looks like they are growing bigger and bigger each week!